The Big Three You Should Have

You never know what life throws at you. Insurance helps you handle those unexpected curveballs. These are the three essential ones you should look into:

  • Travel insurance
  • Accident insurance
  • Contents insurance - “innbo”

Many insurance companies offer student-friendly combo packages that cover all three. These are must-haves if you want to avoid major expenses after a bad day. Travel insurance typically covers everything from the moment you step out your door, while contents insurance protects your stuff at home.

Think About Your Stuff – And Your Habits

Are you someone who tends to drop your phone at parties? Maybe you've knocked over a TV mid-celebration? If so, you might want to insure your electronics. But if you're pretty good at keeping your gear safe, maybe skip the extra coverage and spend that money on something fun instead.

Make sure what needs to be insured, is actually insured.

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You Might Already Be Covered

Check if you’re still covered by your parents’ insurance! Some companies let you be part of their contents insurance if you’re still officially registered at their address. If that’s the case, you might save some cash by not updating your registered address when moving for studies.

Make a List of What You Own

Take a minute to list the pricey stuff you own — think sports gear, a bunad (traditional Norwegian outfit), jewelry, electronics, etc. Not everything is automatically covered by contents insurance. Always read the fine print and be aware of the exclusions, like expensive bikes in shared areas or sports equipment stored in a basement.

Student Discounts Are Your Friend

Many insurers have great student packages (like If and Gjensidige). You can also save money through memberships in unions or associations like TEKNA, OBOS, the Norwegian Union of Education (Utdanningsforbundet), YS, NITO, and various student organizations. It’s worth checking out!

Better Safe Than Sorry

That phrase exists for a reason — especially when it comes to insurance. You can’t predict the future, but you can plan for it. The most important step is making sure what needs coverage, actually has it.